 |  | | Consumer spending, inflation data support Fed rate hike case | | | WASHINGTON (Reuters) - U.S. consumer spending recorded its biggest increase in four months in April and monthly inflation rebounded, pointing to firming domestic demand that could allow the Federal Reserve to raise interest rates next month. | | |  | | | Uber fires self-driving car chief at center of court case | | | (Reuters) - Uber Technologies Inc said on Tuesday it fired the former head of its self-driving unit, Anthony Levandowski, after he failed to comply with a court order to hand over documents at the center of a legal dispute between Uber and Alphabet Inc's Waymo unit. | | |  | | | Analysts see more gains as Amazon shares break $1,000 | | | NEW YORK (Reuters) - Amazon.com on Tuesday became the second of the current S&P 500 components to hit the $1,000 price mark, beating Google parent Alphabet to the punch and underscoring a massive rally in large-cap technology-related stocks. | | |  | | | Venezuelan opposition condemns Goldman for $2.8 billion bond deal | | | CARACAS/NEW YORK (Reuters/IFR) - Goldman Sachs Group Inc 's statement that it never transacted directly with the government of Venezuelan President Nicolas Maduro when it bought $2.8 billion of bonds for pennies on the dollar was dismissed by the country's opposition on Tuesday as an effort to "put lipstick on this pig." | | |  | | | Supreme Court tightens rules on where companies can be sued | | | (Reuters) - The U.S. Supreme Court on Tuesday tightened rules on where injury lawsuits may be filed, handing a victory to corporations by undercutting the ability of plaintiffs to bring claims in friendly courts in a case involving Texas-based BNSF Railway Co. | | |  | | | U.S. proposes fining United $435,000 over 2014 flights | | | WASHINGTON (Reuters) - The U.S. Federal Aviation Administration on Tuesday proposed fining United Airlines $435,000 for operating 23 flights in 2014 with a Boeing 787 that the government alleged was not in airworthy condition. | | | | | | | | | | Related Video | | | | | | | | | |  |  | | | Counterparties is a curated snapshot of the best finance news and commentary around the web. Register Today | | |  |  | | | News you can use with actionable, timely advice for managing your financial life, including retirement, taxes, real estate, education and more. Register Today | | | | | » » MORE NEWSLETTERS | | |
